DoubleLine CEO Jeffrey Gundlach discusses Federal Reserve Chair Jerome H. Powell’s remarks following the FOMC’s decision to maintain the target federal funds rate. Gundlach highlights Powell's emphasis on uncertainty and inertia in the current economic climate, noting the Fed's cautious approach amid geopolitical tensions and tariff impacts. He analyzes the implications of the Fed's updated inflation and growth forecasts, the potential for quantitative easing, and the challenges posed by high interest expenses on the federal deficit. Gundlach also shares his perspective on portfolio positioning, the performance of real assets like gold and Bitcoin, and the outlook for the U.S. and global markets. Recorded March 20, 2025.
Mr. Gundlach is CEO of DoubleLine. In 2011, he appeared on the cover of Barron's as "The New Bond King." In 2013, Institutional Investor named him "Money Manager of the Year." In 2012, 2015 and 2016, he was named one of "The Fifty Most Influential" in Bloomberg Markets. In 2017, he was inducted into the FIASI Fixed Income Hall of Fame. Mr. Gundlach is a summa cum laude graduate of Dartmouth College, with degrees in Mathematics and Philosophy.
